Suspend/Resume Interest

General

Lenders suspend and resume interest on loans if they need to offer relief or would like to incentivize borrowers in some way. Here's what you need to know about this request:

• This request can either suspend or resume interest accrual on a loan. However, you cannot log two adjustments on the same day. If you try to log more than one adjustment for a single day, you'll receive a 409 response.
• Selecting a date in the past will affect past calculations on the loan. For more information on this, take a look at the 'Past Due Warning' in our Suspend/Resume Interest help article.

For an example of how suspending and resuming interest works in the UI, take a look at our the Suspend/Resume Interest article we've linked above.

Database

For information on suspend/resume interest database tables, see the following articles:

• Database – Loan Stop/Resume Interest Entity (loan_stop_interest_date_entity)
• Database – Rule applied Stop Interest - Loan Relations (loan__rule_applied_stop_interest)
• Database – Rules Applied Stop Interest (rule_applied_stop_interest_entity)

{
    "StopInterestDates": {
        "results": [
            {
                "type": "loan.stopInterestType.suspend",
                "date": "2022-04-09"
            }
        ]
    }
}

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Try It Instructions

Our requests often provide sample payload information so that you can receive a 200 response from simply hitting the Try It button. This request is a bit different.

We can’t provide sample values that will work for multiple users since there can't be more than one suspend/resume interest adjustment on a single day. But, if you’d like to see a sample of a 200 response, click the response examples located under the Try It button.

To receive a 200 response from the Try It button, you will have to try this request with your own tenant credentials. If you plan on doing so, make sure to change the headers to match your own authentication information.